Hide trading slow in May
May and June are historically the slowest months of the year for hide trading, which continues to be the...
Author: Alexandra Watts
Central Illinois soybean prices hit 3-month high
Chicago Mercantile Exchange (CME) grain prices rose on Monday May 13. The July wheat futures contract increased by 23.50 cents per bushel, closing at $6.87 per bu, while July soybean meal dropped by $5.40 per short ton to $366.50 per ton.
Meanwhile, the July soybean futures contract increased by 0.50 cents per bu, settling at $12.19 per bu, and July corn rose by 2.75 cents per bu to $4.72 per bu.
Grain prices pushed higher, with market participants remaining f...
